Net ODA received in Republic of Korea
Republic of Korea: Net ODA received was -0.1% in 1999. ◆ Volatile
Net ODA received in Republic of Korea, 1972–1999
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of central government expense.
Analysis
Republic of Korea recorded -0.1% for net oda received in 1999.
The figure is up 13.3% on the previous year and down 146.7% over ten years.
Over the whole period, net oda received in Republic of Korea peaked at 21.7% in 1972 and was at its lowest, -0.3%, in 1984.
That places Republic of Korea 119th out of 119 countries with data for 1999, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received in Republic of Korea, year by year
| Year | % of central government expense | Change |
|---|---|---|
| 1972 | 21.7% | — |
| 1973 | 18.0% | -17.3% |
| 1974 | 10.4% | -41.9% |
| 1975 | 8.2% | -21.3% |
| 1976 | 5.0% | -39.6% |
| 1977 | 4.5% | -8.7% |
| 1978 | 2.3% | -48.7% |
| 1979 | 1.4% | -41.3% |
| 1980 | 1.4% | +3.5% |
| 1981 | 3.0% | +115.5% |
| 1982 | 0.3% | -91.1% |
| 1983 | 0.1% | -77.3% |
| 1984 | -0.3% | -549.3% |
| 1985 | -0.1% | -77.3% |
| 1986 | -0.1% | +81.2% |
| 1987 | 0.1% | -150.1% |
| 1988 | 0.0% | -33.2% |
| 1989 | 0.2% | +319.5% |
| 1990 | 0.1% | -12.8% |
| 1991 | 0.1% | -10.3% |
| 1992 | -0.0% | -105.2% |
| 1993 | -0.1% | +948.9% |
| 1994 | -0.2% | +174.1% |
| 1995 | 0.1% | -141.3% |
| 1996 | -0.2% | -338.9% |
| 1997 | -0.2% | +16.6% |
| 1998 | -0.1% | -59.9% |
| 1999 | -0.1% | -13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.9% | 1.4% | 21.7% | 8 |
| 1980s | 0.5% | -0.3% | 3.0% | 10 |
| 1990s | -0.0% | -0.2% | 0.1% | 10 |
Countries ranked near Republic of Korea
- 116 Trinidad and Tobago 0.1%
- 117 Kuwait 0.0% compare
- 118 Malaysia 0.0%
More aid effectiveness data for Republic of Korea
- Net bilateral aid flows from DAC donors, Austria 1.74 million current US$ (1999)
- Net bilateral aid flows from DAC donors, Belgium 10,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Canada 770,000 current US$ (1998)
- Net bilateral aid flows from DAC donors, European Union institutions 10,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Switzerland 50,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Germany 25.76 million current US$ (1999)
- Net bilateral aid flows from DAC donors, France 9.74 million current US$ (1999)
- Net bilateral aid flows from DAC donors, United Kingdom 240,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, Italy 1.65 million current US$ (1999)
- Net bilateral aid flows from DAC donors, Japan -49.52 million current US$ (1999)
Frequently asked questions
- What is net oda received in Republic of Korea?
- Net oda received in Republic of Korea was -0.1% in 1999, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Republic of Korea?
- The highest recorded value was 21.7% in 1972.
- What is the lowest net oda received recorded in Republic of Korea?
- The lowest recorded value was -0.3% in 1984.
- How does Republic of Korea rank for net oda received?
- Republic of Korea ranks 119th out of 119 countries with data for 1999.
- Is net oda received rising or falling in Republic of Korea?
- Over the last ten years it is down 146.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net ODA received (% of central government expense). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).